Jack and Rick Take on Andy Jassy's Memo and Amazon's Decision to Give Up Remote Work

Jack Kelly and Rick Chen take on Andy Jassy's memo, which, among other things, ends remote work and calls for Amazon to "operate like the world's largest startup." We break down what that means, including Jassy's decision to create a "bureaucracy mailbox" for people to snitch on bureaucratic processes, a companywide reorganization to cut management layers, and a five-day-a-week in-office work schedule beginning January 2025.

Rick explains how CEO and leadership memos are drafted and why Amazon might have feared the memo might leak before it was released. He dissects how Amazon's PR team likely planned the memo's release and why reporters quickly covered the announcement.

Jack and Rick also look into how this might have impacted Amazon's share price and the downstream impacts of Amazon's new management and remote work policies. Jack shares some potential winners and losers in the stock market, and Rick speculates how the job market might react.

https://bit.ly/blind-podcast

https://www.bloomberg.com/news/articles/2024-09-16/amazon-ceo-wants-workers-in-five-days-a-week-leaner-management

https://www.aboutamazon.com/news/company-news/ceo-andy-jassy-latest-update-on-amazon-return-to-office-manager-team-ratio

https://www.teamblind.com/post/Amazon-manager-mass-layoff-fNgYBCEA